All over the world, university students are ratching up thousands
of dollars/pounds/pesos worth of debts, completely unnecessarily.
Lengthy university courses are set more for the convenience of
the professors rather than the students and yet the students end
up paying for them. Here in Chile, seven year courses are not
uncommon and the debts that the students accumulate for their
courses are real debts unlike in other countries. So if a student
cannot afford to repay their student loans, it destroys their
credit ratings and their ability to get mortgages, etc. There
needs to be an urgent rethink in all countries around the globe.
Courses for most subjects need to be slashed in half so that
students can get out into the real world quicker with less debt
and the ability to start earning.